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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Supermarket Income Reit Plc | LSE:SUPR | London | Ordinary Share | GB00BF345X11 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.40 | 0.55% | 72.70 | 72.30 | 72.70 | 73.40 | 72.30 | 73.00 | 2,586,232 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Investment Trust | 101.76M | -144.87M | -0.1162 | -6.22 | 901.03M |
TIDMSUPR
RNS Number : 4732X
Supermarket Income REIT PLC
30 April 2019
SUPERMARKET INCOME REIT PLC
(the "Company")
LEI: 2138007FOINJKAM7L537
Agreed rent review on Tesco extra cumbernauld
Supermarket Income REIT (LSE:SUPR), the UK supermarket real estate investor, announces that the annual rent review at its Tesco Extra in Cumbernauld has been concluded, resulting in an RPI increase of 3.3%. As a result of the review, the rent increased from GBP2,936,121 to GBP3,032,178 as of March 2019.
Including the review and the recent acquisition of a Tesco Extra in Mansfield, total passing rent for the Supermarket Income REIT portfolio is GBP19.2 million.
Ben Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: "The conclusion of this rent review further underlines the attractive, RPI-linked rent reviews that are a feature of all our leases".
For further information, please contact:
Atrato Capital Limited +44 (0)20 3790 8087
Ben Green
Steve Windsor
Steve Noble
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Mark Young
Neil Winward
Tom Yeadon
Tavistock +44 (0)20 7920 3150
Jeremy Carey
James Whitmore
James Verstringhe
NOTES TO EDITORS:
Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
April 30, 2019 02:00 ET (06:00 GMT)
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